Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Friday, October 22, 2021.

Polish New Zloty/Swiss Franc (FOREX:PLNCHF)

Long-Term Downtrend (-90) - PLNCHF is in a strong downtrend that is likely to continue. While PLNCHF is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid PLNCHF?

MarketClub looks at technical strength and momentum to determine if the timing is right for PLNCHF.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_PLNCHF
Open High Low PLNCHF Price Change
0.23166500 0.23222656 0.23140195 0.23175897 +0.00009400
Entry Signal

MarketClub’s Trade Triangles for PLNCHF

long term down The long-term trend has been DOWN since Jul 8th, 2021 at 0.23847000

intermediate term down The intermediate-term trend has been DOWN since Sep 21st, 2021 at 0.23483096

short term down The short-term trend has been DOWN since Oct 20th, 2021 at 0.23345500

Smart Scan Analysis for PLNCHF

Based on our trend formula, PLNCHF is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for PLNCHF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.23166500 0.23222656 0.23140195 0.23175897 +0.00009400
Prev. Close Volume Bid Ask Time
0.23166500 2021-10-22 18:15:02
Get a free daily analysis and signals for Polish New Zloty/Swiss Franc (PLNCHF) - Request Your Free Report.